Rates of gold.
| Author | Steffens, Michelle |
| Position | Alaska Trends |
The London Bullion Market Association (LBMA) publishes daily gold-fixing reports. Gold fixings are international benchmarks for precious metals and values are based on interactions in an over-the-counter gold market. The gold fixing is determined twice a day at 10:30 a.m. and 3 p.m. (London time) by telephone interaction among the following five member banks: Bank of Nova Scotia-Scotia-Mocatta. Barclays Bank Plc. Deutsche Bank AG, HSBC Bank USA. NA and Societe Generale.
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The LBMA Gold Fixings chart displays monthly averages of morning and afternoon gold-fixing values reported in U.S. dollars per gold troy ounce between January 1990 and April 2009. Since the...
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